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Microsoft president warns China tech may rival US soon
Microsoft president Brad Smith said at the Web Summit in Lisbon that China may soon match or surpass the United States in technology.
Smith highlighted China’s fast-paced advancements, which challenge popular perceptions.
Tensions between the United States and China have affected technological development. This has led to several export restrictions.
Smith anticipates continued competition between Chinese and American tech firms.
Recent Microsoft developments
| Timeline |
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01-Nov-2024 📉 Microsoft shares fall 6% due to guidance concerns
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31-Oct-2024 📈 Microsoft shares dip 4% despite Q1 earnings beat
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30-Oct-2024 🔄 Microsoft delays Recall tool amid Windows 11 security fixes
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29-Oct-2024 📊 Microsoft faces slowest revenue growth amid AI concerns
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28-Oct-2024 💼 Microsoft board advises against bitcoin investment proposal
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